A microeconomist would study all of the following issues EXCEPT
A) the impact of a change in consumer income on the sales of corn.
B) the impact of a snowstorm on the sales of snow shovels.
C) the most efficient means for General Motors to produce an automobile.
D) the effect of a change in income taxes on the nation's rate of unemployment.
Correct Answer:
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Q50: One topic of study for a microeconomist
Q51: A friend wants to learn how a
Q52: A macroeconomist would study
A) the price changes
Q53: Macroeconomics is concerned with
A) individual consumers.
B) government
Q54: Macroeconomics is concerned with studying the
A) behavior
Q56: Microeconomics focuses on
A) individual decision makers.
B) decisions
Q57: Macroeconomics deals with
A) aggregates within the economy.
B)
Q58: Microeconomics is concerned with the study of
A)
Q59: Microeconomics examines the
A) total household expenditures.
B) behavior
Q60: Which of the following would likely be
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